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ADB supports CAREC countries in advancing the Caspian Green Energy Corridor Initiative

On 4 April 2025 in Baku, Azerbaijan, the Ministers of Energy of Azerbaijan, Kazakhstan, and Uzbekistan signed a Memorandum of Understanding (MOU) with ADB and AIIB to support the preparation of a Feasibility Study for the Caspian Green Energy Corridor Project. This high-level framework aims to develop institutional and legal structures to facilitate cross-border electricity […]

ADB and AIIB Signed an MOU with Azerbaijan, Kazakhstan, and Uzbekistan to Support the Feasibility Study of the Caspian Green Energy Corridor

BAKU, AZERBAIJAN (4 April 2025) — The Asian Development Bank (ADB), the Asian Infrastructure Investment Bank (AIIB), and the energy ministries of Azerbaijan, Kazakhstan, and Uzbekistan today signed a Memorandum of Understanding (MOU) to support the Feasibility Study for the Caspian Green Energy Corridor Project. The initiative is part of ADB’s regional technical assistance for the project. The MOU establishes […]

Signing with PRC & ROC and Launch of CAREC Climate and Sustainability Project Preparatory Fund

On 8 November, the CAREC Climate and Sustainability Project Preparatory Fund (CSPPF) was launched at the 23rd CAREC Ministerial Conference in Astana. ADB signed Trust Fund Contribution Agreements (TFCA) with the People’s Republic of China (PRC) and Republic of Korea (ROK), with a combined contribution of $5 million as initial funding for CSPPF. A multi-partner […]

ADB leads discussions on glaciers, transboundary water cooperation in Central Asia

ADB Climate Envoy Warren Evans led discussions on identifying climate adaptive transboundary water projects in Central Asia and defining the outline of ADB’s multicountry glaciers to farm (G2F) initiative. Discussions, a joint effort of CCSD, CWRD, and SG-AFNR, were held at the CAREC Water Pillar working group’s first meeting, with the theme ‘Climate Change, Water […]

New CAREC Working Group Meets to Boost Cooperation for Human Capital Development in Central and West Asia

Tashkent, Uzbekistan – 1 March 2024 – Work is underway to improve regional cooperation in Technical and Vocational education and Training (TVET) and higher education systems across the Central and West Asia following a meeting of senior officials from 10 Central Asia Regional Economic Cooperation Program (CAREC) countries, held in Tashkent today. Uzbekistan hosted the […]

Региональные общественные блага как инструмент решения проблем изменения климата, конфликтов и COVID-19 в Азиатско-Тихоокеанском регионе

В 2022 году в Азиатско-Тихоокеанском регионе наблюдались рекордные экстремальные погодные условия – от сильной жары и засухи до разрушительных наводнений. В Пакистане масштабные наводнения затронули свыше 33 миллиона человек, унеся более 1400 жизней и вынудив более 630 000 человек покинуть свои дома. Эти климатические воздействия в сочетании с пандемией COVID-19 и российским вторжением в Украину […]

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